Tag: Aluminium scrap market outlook
-

India: Imported aluminium scrap prices drop w-o-w; LME tags retreat from 4-month high
Despite price dip buyers remain cautious Chinese manufacturing slowdown weighs on metals India’s imported aluminium scrap prices recorded a w-o-w drop of $70-90/tonne (t), mirroring the downtrend in LME aluminium prices amid weaker global cues, market uncertainty and ongoing supply constraints. Meanwhile, buying activity in the market were at low to moderate levels amid price…